Ex-Goldman Sachs banker Ng pleads not guilty to 1MDB charges


Ex-Goldman Sachs banker Roger Ng leaves the federal court in New York, on May 6, 2019. – Reuters

NEW YORK (Reuters): Former Goldman Sachs Group Inc banker Roger Ng pleaded not guilty to criminal charges linked to a multibillion-dollar scandal at the Malaysian state investment fund 1MDB in an appearance at federal court in New York on Monday.

The U.S. Department of Justice accused 46-year-old Ng last year of conspiring to launder money and bribe government officials in Malaysia and Abu Dhabi through bond offerings that Goldman Sachs handled. He was extradited on May 3 to New York from Kuala Lumpur, where he had been jailed since November.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
1MDB , Malaysia , Roger Ng , Goldman Sachs , Not guilty , Court

Next In Business News

From crime cache to auction
Lark’s New World order
Cautious optimism on markets
Seeking value in Malaysia’s tech rally
Fujian’s rural revitalisation
Risky stretch for markets
S-REITs�shine as defensive plays
Gold holds the hedge
Malaysia’s bonds brace for bumpy ride
Genting downgraded again amid rising leverage

Others Also Read